About $90 billion was wiped off Australia's share market today, Brent Crude has soared above $US114 a barrel. Plus, the oil price shock is stoking fears of inflation and higher interest rates.

<p>About $90 billion was wiped off Australia's share market today, Brent Crude has soared above $US114 a barrel. Plus, the oil price shock is stoking fears of inflation and higher interest rates.</p>

As the market closes each day, Ross Greenwood brings you breaking business news you can’t afford to miss.

<p>As the market closes each day, Ross Greenwood brings you breaking business news you can&rsquo;t afford to miss.</p>

Business Now with Ross Greenwood

Business Now | 9 March

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